Headlines

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Sign..

NatWest limits customers’ crypto transfers, citing scam concerns

NatWest limits customers’ crypto transfers, citing scam concerns

By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed new limits on the daily and monthly amount customer..

London fears losing luxury shoppers to Paris and Milan

London fears losing luxury shoppers to Paris and Milan

By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retailers fear the city is losing its pull as a shopping..

Meta to cut 10,000 jobs in second round of layoffs

Meta to cut 10,000 jobs in second round of layoffs

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making i..

ING toughens oil and gas policy to include trade finance, midstream

ING toughens oil and gas policy to include trade finance, midstream

By Virginia Furness LONDON (Reuters) – Dutch lender ING on Tuesday said it had again toughened its lending policy to the oil and..

Sainsbury’s pays $524 million for full ownership of store investment vehicles

Sainsbury’s pays $524 million for full ownership of store investment vehicles

LONDON (Reuters) -British supermarket Sainsbury’s said on Tuesday it would take full ownership of the Highbury and Dragon store ..

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

(Reuters) – Frankfurt Airport operator Fraport on Tuesday said it expected passenger traffic to keep improving in 2023 but stay ..

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

(Reuters) -Emma Raducanu scored her biggest win since a run to the U.S. Open title beating Beatriz Haddad Maia 6-1 2-6 6-4 to reach th..

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

By Lewis Jackson CANBERRA (Reuters) -Australia’s nuclear-powered submarine programme with the United States and Britain will cos..

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

(Reuters) -Electric-vehicle (EV) startup Arrival on Monday got a $300 million equity financing line from Westwood Capital and said it ..